Dominic Tribe is a Partner and Automotive sector specialist at
Vendigital. He recently shared his insights with Automotive World.
Embryonic battery chemistries and related technologies are
helping to shape tomorrow's global electric vehicle (EV)
market, with tech innovators and OEMs working together to find more
viable and sustainable solutions. But will they come quickly enough
to meet consumer demand on the road to net zero?
The global market for EVs is growing rapidly, with sales of
electric cars, including both all-electric and plug-in hybrid
models, reaching 6.6 million in 2021, according to the latest data
from the IEA, published in May 2022. The report also confirmed that
sales of EVs continued to grow strongly in Q1 2022, despite
significant supply chain disruption. By the end of 2021, the total
number of electric cars on the world's roads had reached 16.5
million, more than three times what it was in 2018.
